1240 S 2nd Street, 723, Minneapolis, MN 55415

General Property Information

Assoc Mgmt Co. Phone #: 952-277-2700
Association Fee Frequency: Monthly
Association Mgmt Co. Name: First Service Residential
Common Wall: Yes
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Waterfront Present: No
Year Built: 2018
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bath Full: Yes
Bath Three Quarters: Yes
Main Floor Total SqFt: 1145
Above Grd Total SqFt: 1145
Total SqFt: 1145
Total Finished Sqft: 1145.00
Style: (CC) High Rise (4+ Levels)
Foundation Size: Yes
Association Fee: 671.01
Garage Stalls: Yes
Number of Fireplaces: 0
Lot Dimensions: No
Acres: 0
Bath Half: 0
Bath Quarter: 0
Below Grd Total SqFt: 0

Property Features

Accessible: Accessible Elevator Installed; Door Lever Handles; Doors 36"+; Hallways 42"+; No Stairs Internal; Soaking Tub Air Conditioning: Central Air Amenities Unit: Balcony Association Fee Includes: Air Conditioning; Building Exterior; Cable TV; Gas; Hazard Insurance; Internet; Lawn Care; Outside Maintenance; Parking Space; Professional Mgmt; Sanitation; Security System; Shared Amenities; Snow Removal; Water Basement: None Construction Status: Previously Owned Exterior: Brick/Stone; Metal Financing Terms: Conventional Foundation: None Fuel: Natural Gas Heating: Baseboard; Forced Air Parking Characteristics: Assigned; Covered; Heated Garage Sellers Terms: Cash; Conventional; Other Sewer: City Sewer/Connected Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary Stories: One Water: City Water/Connected

Contract Information

Off Market Date: 2026-02-17
Contingency: None
Closed Date: 2026-03-06
Original List Price: 435000
Sales Close Price: 430000
ListPrice: 435000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1240
Street Direction Prefix: S
Street Name: 2nd
Street Suffix: Street
Unit Number: 723
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55415
Complex/Dev/Subdivision: Cic 2057 Legacy Lofts A Condo

Assessments

Tax With Assessments: 6321.32
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1145

More Information

Insurance Fee

Insurance Fee Frequency: N/A
Insurance Fee: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 26
Township#: 29

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: Yes
Legal Description: CIC NO 2057 LEGACY LOFTS A CONDO UNIT 723
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
County Abbreviation: 723
Zip Plus 4: 2624
Property ID Number: 2602924110803
Tax Year: 2025
Tax Amount: 6321.32
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Bright and stylish south-facing 2BR, 2BA condo at The Legacy. Recent updates include newly refinished wood floors. The entire condo has also been freshly repainted, giving the home a crisp, move-in-ready feel. The open layout features large windows that bring in an abundance of natural light, plus a private balcony ideal for relaxing or entertaining. The kitchen offers beautifully kept maple cabinetry, an added pantry, quality countertops, and stainless steel appliances. The spacious primary suite includes a walk-in closet and private bath. The Legacy offers extensive amenities: outdoor pool, hot tub, sauna, fitness center, golf simulator, game room, community room, pet grooming station, car wash, heated parking and more. Located just steps from Gold Medal Park, river trails, the Guthrie Theater, and top dining options. A fantastic opportunity for low-maintenance living in one of downtown Minneapolis’s most desirable communities. $5,000 carpet allowance currently offered at closing.
Directions: From 35W - West on Washington Ave., North on 11th Ave. S., East on 2nd St. South

Accessible

Accessible Elevator Installed: Yes
Door Lever Handles: Yes
Doors 36"+: Yes
Hallways 42"+: Yes
No Stairs Internal: Yes
Soaking Tub: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Balcony: Yes

Association Fee Includes

Air Conditioning: Yes
Building Exterior: Yes
Cable TV: Yes
Gas: Yes
Hazard Insurance: Yes
Heating: Yes
Internet: Yes
Lawn Care: Yes
Outside Maintenance: Yes
Parking Space: Yes
Professional Mgmt: Yes
Sanitation: Yes
Security System: Yes
Sewer: Yes
Shared Amenities: Yes
Snow Removal: Yes
Water: Yes

Basement

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes
Metal: Yes

Financing Terms

Conventional: Yes

Foundation

None: Yes

Fuel

Natural Gas: Yes

Heating

Baseboard: Yes
Forced Air: Yes

Parking Characteristics

Assigned: Yes
Covered: Yes
Heated Garage: Yes

Restriction/Covenants

Mandatory Owners Assoc: Yes
Pets - Cats Allowed: Yes
Pets - Dogs Allowed: Yes
Pets - Number Limit: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
Other: Yes

Sewer

City Sewer/Connected: Yes

Special Search

All Living Facilities on One Level: Yes
Main Floor Bedroom: Yes
Main Floor Laundry: Yes
Main Floor Primary: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

Room Information

First (1st) Bedroom Dimensions: 13x13 Level: Main Kitchen Dimensions: 14x17 Level: Main Living Room Dimensions: 16x13 Level: Main Second (2nd) Bedroom Dimensions: 13x10 Level: Main